Introduction to Austin

The city of Austin, Texas has long been regarded as the live music capital of the world. With a desirable climate for the majority of the year, over 250 music and entertainment venues, and the lively arts scene, Austin is an amazing place to visit and live. To further amplify the city’s dedication to live music, Austin hosts Austin City Limits every fall, a music festival that attracts performers and concert-goers from all over both the country and the world. The food scene boasts breakfast tacos, barbeque, and a flair of Mexican culture everywhere you look. Within the city limits, Austin has a population of 947,890 as of 2016, is the fastest growing city in the country at this point in time, and there is a projection that by 2030, the population of the metropolitan area alone may reach 3.2 million. That number does not even include the surrounding areas such as Round Rock, which boasts its own population of 120, 892 as of 2016. Austin is being flooded with mainly young, just out of school people who are looking for a lively, vibrant city to call their home. Because of this influx of people just starting to accumulate their wealth, the wealth and demographic distributions have begun to become less separate than they have been in the past. Still, though, there are interesting trends concerning demographics and wealth distributions surrounding the city of Austin. These trends have been around for quite a while throughout Austin’s history, and they are just now beginning to change as various parts of the city become increasingly gentrified. An exploration of these long-standing trends are what follow.

Exploration of Austin’s Income Demographics

As can be seen from the graph below, there are a large amount of residents living in and around Austin who have an income that is within the fourth and fifth quartile of income. Additionally, it is important to note that there is a small region of data where the income is significantly higher than the norm. The majority of the dots on the graphs are dark purple, particularly more on the eastern side of the map. But, interestingly, there is a portion of the dots that are yellow and light green, indicating that the income of the residents who live in this area is mostly between 9e+05 to 7e+05. This is quite a significant difference from the majority of the surrounding data, where the income is between 1e+05 and 6e+05. While this lower income is still in the top two quartiles, the yellow and green dots are still considered to be outliers, showing a distinct area of immense wealth.

Exploration of the Gini Index in Austin

The Gini Index or the Gini Coefficient is a “measure of statistical dispersion intended to represent the income or wealth distribution” of a group of residents in a particular place. If the coefficient is zero, then the income is perfectly equal between all of the area’s residents. The greater the coefficient, the more income inequality there is in that area. If the coefficient is equal to 1, then the maximum amount of inequality between incomes has been reached. As shown in the graph of the Austin area below, the closer to the city center you are, the higher the Gini Coefficient, and therefore the higher the income inequality. This observation further supports the previous observations that the center to the east of the city has more racial minorities as well as less earned income on average. Interestingly enough, to the north and south of the center of the city, the Gini Coefficient is lower, perhaps implying that residents of average wealth congregate in these area of the city.

Conclusion

As can be seen from the data put forth in the three above graphs, Austin is a place that has many disparities. The hope is that with this new influx of people moving in, these disparities will lessen. Unfortunately, though, a more common scenario is that those people who remain in the minority will be forced out and while the visible evidence of minorities and poverty will lessen, the underlying disparities will still remain.

References

“Austin Population 2018.” Austin Population 2018 (Demographics, Maps, Graphs), 2017, worldpopulationreview.com/us-cities/austin-population/.

“Demographic Maps.” Home, www.austintexas.gov/page/demographic-maps.

Bureau, US Census. “Census.gov.” Census.gov, www.census.gov/.

Visit Austin, Austin, Texas, www.austintexas.org/.

“Gini Coefficient.” Wikipedia, Wikimedia Foundation, 3 Mar. 2018, en.wikipedia.org/wiki/Gini_coefficient.